BTC Digital announces pivot to Ethereum, closes $6M financing round

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BTCT Announces Strategic Pivot to Ethereum, Converting All Bitcoin Reserves into ETH

July 17, 2025 8:30 AM EDT

SINGAPORE, July 17, 2025 /PRNewswire/ --BTC Digital Ltd. ("BTCT" or the "Company") (NASDAQ:BTCT), a leading blockchain technology company, today announced a transformative, strategic shift to fully embrace Ethereum (ETH) as its core asset and operational foundation. As part of this initiative, BTCT has closed a $6million financing round and added a new $1million ETH position. Going forward, the Company intends to convert all existing and future... More